ESAF Small Finance Bank Limited has informed the Exchange about Key Business Updates for the Quarter ended September 30, 2026.
Why it matters
CapitSignal interpretation
The filing indicates continued deposit and loan growth, but the ₹625 crore technical NPA write-off is important context for reported advances growth. The lower CASA ratio also points to a changed deposit mix, while the figures remain provisional and subject to limited statutory auditor review.
What happened
Fact
ESAF Small Finance Bank reported provisional September 30, 2026 figures showing total deposits up 24.34% year on year to ₹28,466 crore and gross advances up 25.05% to ₹23,931 crore. The bank undertook technical write-offs of NPAs amounting to ₹625 crore during Q2; excluding these, it said advances would have been ₹24,556 crore, with year-on-year growth of 28.32%.
₹28,466 croreTotal deposits
September 30, 2026 deposits; 24.34% YoY growth
₹23,931 croreGross advances
September 30, 2026 gross advances; 25.05% YoY growth
₹24,981 croreAdvances including IBPC
September 30, 2026 advances including IBPC; 30.54% YoY growth
₹625 croreTechnical NPA write-offs
Technical write-off undertaken during Q2
23.34%CASA ratio
September 30, 2026 CASA ratio versus 26.41% on September 30, 2025
₹53,447 croreTotal business including IBPC
September 30, 2026 total business; ₹42,031 crore on September 30, 2025
Watch next
Fact
Statutory auditors’ limited review of the provisional September 30, 2026 figures
Subsequent reported advances and asset-quality disclosures following the ₹625 crore technical NPA write-off
Whether the CASA ratio recovers from 23.34% and the deposit mix improves
CSB Bank Limited has informed the Exchange regarding 'Business Updates for the quarter ended September 30, 2026'.
Why it matters
CapitSignal interpretation
The update indicates continued balance-sheet expansion, led by term deposits and gold-related advances. The figures are provisional and subject to a limited review by the bank’s Joint Statutory Auditors.
What happened
Fact
CSB Bank reported provisional total deposits of ₹46,889 crore and gross advances of ₹42,373 crore for the quarter ended September 30, 2026. Deposits grew 18% year on year and gross advances grew 22%; advances against gold and gold jewellery rose 36% year on year to ₹22,301 crore.
₹46,889 croreTotal deposits
September 30, 2026 provisional deposits; 18% YoY growth
₹8,889 croreCASA
September 30, 2026 provisional CASA; 6% YoY growth
₹38,000 croreTerm deposits
September 30, 2026 provisional term deposits; 22% YoY growth
₹22,301 croreAdvances against gold and gold jewellery
September 30, 2026 provisional advances, excluding receivables secured against gold; 36% YoY growth
₹42,373 croreGross advances
September 30, 2026 provisional gross advances; 22% YoY growth
Watch next
Fact
Outcome of the limited review by the Joint Statutory Auditors.
Whether the reported growth in gold-related advances continues in subsequent updates.
Subsequent disclosures on profitability and asset quality.
Juniper Green Energy Limited has informed the Exchange about commissioning of additional Wind Capacity
Why it matters
CapitSignal interpretation
The commissioning adds operational renewable generation capacity and advances the group’s firm and dispatchable renewable energy project. Further commissioning would be needed to reach the project’s stated planned capacity of 550.6 MWp.
What happened
Fact
Juniper Green Stellar Private Limited, a wholly owned subsidiary, commissioned 15.5 MW of wind power capacity on October 1, 2026. Capacity under the 200 MW firm and dispatchable renewable energy project now stands at 368.95 MWp with approximately 201 MWh of BESS, while the group’s aggregate operational capacity reaches approximately 2,740 MWp and 603 MWh of BESS.
15.5 MWNewly commissioned wind capacity
Capacity commissioned on October 1, 2026
368.95 MWpProject capacity now commissioned
Capacity under the project after the commissioning
550.6 MWpProject planned capacity
Total planned capacity under the project
~201 MWhProject BESS
BESS capacity under the project
~2,740 MWpAggregate operational capacity
Operational capacity of Juniper Green Energy Limited and its subsidiaries
~603 MWhAggregate operational BESS
Operational BESS of Juniper Green Energy Limited and its subsidiaries
Watch next
Fact
Further commissioning under the firm and dispatchable renewable energy project
Progress toward the project’s planned 550.6 MWp capacity
Future updates on the project’s approximately 201 MWh BESS
V-Mart Retail Limited has informed the Exchange about Business Update at the end of Quarter 2 of Financial Year 2026-27 (Q2FY27)
Why it matters
CapitSignal interpretation
Revenue growth and store expansion indicate continued operating growth, while the reported SSSG was affected by a 19-day shift in the festive calendar from Q2 to Q3. The company said the revenue figures are provisional and subject to statutory auditor review.
What happened
Fact
V-Mart Retail reported provisional Q2FY27 revenue from operations of Rs. 953 Crores, up 18% year on year from Rs. 807 Crores. The company opened 23 stores and closed 1 during the quarter, taking its operating portfolio to 613 stores; reported SSSG was 3%, or 11% after adjusting for festive timing.
Rs. 953 CroresQ2 revenue from operations
Q2FY27 provisional revenue
18%Q2 revenue growth
Year-on-year growth versus Rs. 807 Crores in the corresponding quarter
3%Q2 reported SSSG
Same-store sales growth; V-Mart 2% and Unlimited 11%
11%Q2 adjusted SSSG
Same-store sales growth after adjusting for festive timing; V-Mart 10% and Unlimited 12%
Rs. 2,042 CroresSix-month revenue from operations
Provisional YTD FY27 revenue, compared with Rs. 1,692 Crores in the corresponding period
21%Six-month revenue growth
Year-on-year growth for the six months
23 opened; 1 closedStore additions and closures
Q2FY27 store activity
613 storesOperating store portfolio
Total operating portfolio at Q2 end
Watch next
Fact
Q3 performance as festive dates shift from Q2 to Q3
Statutory auditor review of the provisional revenue figures
Execution and same-store sales contribution from the expanded 613-store portfolio
Pursuant to Regulation 30 read with Part A(B) of Schedule III of SEBI LODR Regulations, 2015, we are pleased to inform you that, Rochem Separation Systems (India) Private Limited, a material wholly ow
Why it matters
CapitSignal interpretation
The order is expected to strengthen Concord Enviro Systems’ consolidated order book and provide revenue visibility over the execution period. The filing states that the transaction is in the ordinary course of business and is not a related party transaction.
What happened
Fact
Material wholly owned subsidiary Rochem Separation Systems (India) Private Limited received domestic orders worth INR 14.25 crores from a Solar Photovoltaic modules manufacturer. The turnkey contract covers supply, installation, testing and commissioning of water and wastewater treatment systems at a Hyderabad facility, with completion targeted by mid-January 2027.
INR 14.25 Cr, excluding applicable GSTOrder value
Aggregate consideration for the orders
25th November to 10th December 2026Delivery timeline
Scheduled delivery period
4–5 weeksInstallation and commissioning
Planned execution period after delivery
Mid-January 2027Target completion
Expected completion of installation and commissioning
Watch next
Fact
Execution of delivery by 10th December 2026 and installation and commissioning within 4–5 weeks
Completion of the Hyderabad facility project targeted for mid-January 2027
SWELECT Energy Systems Limited has informed the Exchange regarding 'Commissioning of 3.125 MW Solar Power Plant by SWELECT HHV Solar Photovoltaics Private Limited (A Step Down Wholly Owned Subsidiary
Why it matters
CapitSignal interpretation
The commissioning adds operational renewable-generation capacity for captive consumption. The filing does not disclose project cost, expected generation, savings, revenue, or earnings impact.
What happened
Fact
SWELECT HHV Solar Photovoltaics Private Limited, a step-down wholly owned subsidiary of SWELECT Energy Systems, commissioned a 3.125 MW solar power plant in Virudhunagar District, Tamil Nadu. The plant is connected at 33 KV and will supply energy for captive consumption through Tamil Nadu’s Intra State Open Access System.
3.125 MWPlant capacity
Capacity of the commissioned solar power plant
33 KVGrid interconnection
Interconnection level to the existing 33/11 KV Naranapuram TNEB substation
Watch next
Fact
Actual generation and captive-consumption performance
Financial savings or other economic benefits from the plant
Unimech Aerospace and Manufacturing Limited has informed the Exchange about investment in Kanoo Unimech Advanced Manufacturing Solutions (Joint Venture Company)
Why it matters
CapitSignal interpretation
The infusion gives Unimech a controlling 51% stake in a Saudi joint venture planned to establish a greenfield advanced machining and remanufacturing facility targeting upstream oil and gas, utilities, defense and mining. The venture has not yet commenced business, and a further SAR 30 million tranche remains to be funded.
What happened
Fact
Unimech Aerospace and Manufacturing completed its first capital infusion of SAR 15.30 million, approximately Rs. 39,35,54,250, into Kanoo Unimech Advanced Manufacturing Solutions. Unimech holds 51% and Kanoo 49%; a second SAR 30 million funding tranche is to be infused subsequently, after which the acquisition is indicatively expected to be completed.
SAR 30 millionFirst funding tranche
Total first funding tranche; Unimech contributed SAR 15.30 million and Kanoo SAR 14.70 million
SAR 15.30 million / approximately Rs. 39,35,54,250Unimech first-tranche contribution
Capital infused by Unimech
51%Unimech ownership
Equity capital acquired in the joint venture company
49%Kanoo ownership
Equity capital held in the joint venture company
SAR 30 millionSecond funding tranche
Subsequent funding comprising SAR 15.30 million from Unimech and SAR 14.70 million from Kanoo
SAR 60,000,000Joint venture authorized share capital
Authorized share capital of Kanoo Unimech Advanced Manufacturing Solutions
NIL, business yet to commenceBusiness status
Disclosed size / turnover of the joint venture company
Watch next
Fact
Completion of the second SAR 30 million funding tranche
Final completion of the acquisition after the second funding tranche
Commencement of the planned greenfield facility and business operations
The South Indian Bank Limited has informed the Exchange about Business Updates for the Quarter ended September 30, 2026
Why it matters
CapitSignal interpretation
The update indicates broadly 18%-plus year-on-year growth in advances and deposits, although the CASA ratio declined from 31.86% on September 30, 2025 to 31.55% on September 30, 2026. The reported figures are provisional and subject to statutory audit.
What happened
Fact
South Indian Bank reported provisional gross advances of Rs.109,519 crore and total deposits of Rs.137,258 crore as of September 30, 2026, representing year-on-year growth of 18.67% and 18.70%, respectively. CASA stood at Rs.43,310 crore, while the CASA ratio was 31.55%; the bank said year-on-year advances growth would have been 19.81% excluding a Rs.1,048 crore technical write-off during the quarter ended March 31, 2026.
Rs.109,519 croreGross advances
Provisional gross advances as of September 30, 2026
18.67% YoYGross advances growth
Year-on-year growth in gross advances
Rs.137,258 croreTotal deposits
Total deposits as of September 30, 2026
18.70% YoYTotal deposit growth
Year-on-year growth in total deposits
Rs.43,310 croreCASA
CASA as of September 30, 2026
31.55%CASA ratio
CASA ratio as of September 30, 2026
19.81% YoYAdjusted advances growth
Bank-stated year-on-year growth excluding the Rs.1,048 crore technical write-off
Watch next
Fact
Final audited figures for September 30, 2026
Whether advances growth remains near the bank-stated 19.81% adjusted level
Dhanlaxmi Bank Limited has informed the Exchange about Business Updates for the Half Year ended September 30, 2026
Why it matters
CapitSignal interpretation
The update indicates broad-based year-on-year expansion, with gold loans and MSME growing faster than total business. The figures are provisional and subject to review by the bank’s statutory auditors.
What happened
Fact
Dhanlaxmi Bank reported provisional business figures for the half year ended September 30, 2026. Total business rose to ₹36,500 crore, while total deposits reached ₹20,552 crore, gross advances ₹15,948 crore and gold loans ₹6,823 crore.
₹36,500 crore; 21.08% YoY growthTotal business
Provisional total business as of September 30, 2026
₹20,552 crore; 20.15% YoY growthTotal deposits
Provisional total deposits as of September 30, 2026
₹15,948 crore; 22.29% YoY growthGross advances
Provisional gross advances as of September 30, 2026
₹6,823 crore; 53.43% YoY growthGold loans
Provisional gold loan book as of September 30, 2026
₹2,544 crore; 35.90% YoY growthMSME
Provisional MSME book as of September 30, 2026
₹5,769 crore; 16.83% YoY growthCASA
Provisional CASA as of September 30, 2026
Watch next
Fact
Statutory auditor review of the provisional figures
Whether gold loan and MSME growth is sustained in subsequent business updates
TVS Motor Company Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
Why it matters
CapitSignal interpretation
The filing indicates broad-based volume growth in Q2 and September, with particularly strong momentum in electric two-wheelers and international business. It reports sales volumes only and does not provide revenue, margins, or profitability implications.
What happened
Fact
TVS Motor reported quarterly sales of 1.9 million units in Q2 FY 2026-27, up 27% for two-wheelers to 1.8 million units and up 47% for three-wheelers to 78,475 units. September sales increased 24% year-on-year to 672,790 units, including 110% growth in electric two-wheeler sales to 65,799 units.
1.9 million unitsQ2 FY 2026-27 total sales
quarterly sales
27%Q2 two-wheeler sales growth
year-on-year growth; sales of 1.8 million units versus 1.5 million units
78,475 unitsQ2 three-wheeler sales
sales versus 53,449 units in Q2 FY 2025-26; 47% growth
0.5 million unitsQ2 international business sales
sales versus 0.4 million units; 35% growth
186K unitsQ2 two-wheeler EV sales
sales; 133% growth
672,790 unitsSeptember 2026 total sales
monthly sales versus 541,064 units in September 2025; 24% growth
65,799 unitsSeptember 2026 electric two-wheeler sales
monthly sales versus 31,266 units in September 2025; 110% growth
180,700 unitsSeptember 2026 international business sales
monthly sales versus 122,108 units in September 2025; 48% growth
Watch next
Fact
Whether the reported sales momentum continues in subsequent monthly updates
Whether electric two-wheeler and international business growth translates into revenue and profitability
The update indicates a substantial year-over-year increase across the company’s core iron ore, DRI and pellet operations, with pellet production reported at 100% capacity utilisation. The company also stated that it is anchored to produce 26 million tonnes of iron ore in FY27, although the operational update is provisional.
What happened
Fact
Lloyds Metals reported provisional H1FY27 production of 10 million tonnes of iron ore, 343,064 tonnes of DRI, 3.8 million tonnes of pellets and 4,389 tonnes of copper. Iron ore, DRI and pellet production increased 36%, 104% and 372% year over year, respectively.
10 million tonnes, up 36% YoYIron ore production
H1FY27 production
343,064 tonnes, up 104% YoYDRI production
H1FY27 production
3.8 million tonnes, up 372% YoYPellet production
H1FY27 production
8 million tonnes annuallyPellet capacity
Capacity after commissioning of the second 4 million tonne pellet plant
4,389 tonnesCopper production
H1FY27 production, including residual production from the Chemaf plant in Q1FY27
8.7 million tonnesBHQ resource referenced
Mined ore excluded from reported iron ore output and expected to be processed after beneficiation plants are commissioned
Watch next
Fact
Progress on commissioning the beneficiation plants needed to process the 8.7 million tonnes of BHQ.
Whether the company achieves its stated FY27 iron ore production objective of 26 million tonnes.
Sustained utilisation of the expanded 8 million tonne annual pellet capacity.
V.S.T Tillers Tractors Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
Why it matters
CapitSignal interpretation
Reported sales quantities were higher both for September 2026 and year to date compared with the corresponding periods. The company cautioned that the figures are unaudited and may vary from audited figures.
What happened
Fact
V.S.T Tillers Tractors reported September 2026 sales of 5,954 units, compared with 4,481 units in September 2025. Year-to-date sales reached 35,660 units versus 32,375 units in the corresponding prior period; the figures are unaudited.
5,954 unitsTotal September 2026 sales
Current-period September sales quantity
4,481 unitsTotal September 2025 sales
Corresponding-period September sales quantity
35,660 unitsYear-to-date sales through September 2026
Current-period year-to-date sales quantity
32,375 unitsYear-to-date sales through September 2025
Corresponding-period year-to-date sales quantity
4,520 unitsSeptember 2026 power tiller sales
Current-period September sales quantity
430 unitsSeptember 2026 tractor sales
Current-period September sales quantity
1,004 unitsSeptember 2026 power weeder sales
Current-period September sales quantity
Watch next
Fact
Audited sales quantities, which the company says may vary from these unaudited figures.
Subsequent monthly sales quantity disclosures and product-level trends.
Hyundai Motor India Limited has informed the Exchange regarding a press release dated October 01, 2026, titled "Hyundai Motor India Limited Achieves Highest-ever Total Monthly Sales of 77,916 Units in
Why it matters
CapitSignal interpretation
The company reported a new monthly sales record with double-digit growth in both domestic sales and exports. Management said it expects sustained customer enthusiasm during the festive season and noted that bookings have opened for the Hyundai BAYON, an upcoming all-new nameplate for India.
What happened
Fact
Hyundai Motor India reported its highest-ever total monthly sales since inception at 77,916 units in September 2026, up 10.8% year-on-year. Domestic sales rose 10.9% to 57,166 units, while exports increased 10.4% to 20,750 units.
77,916 unitsTotal monthly sales
September 2026 domestic sales plus exports; highest-ever since inception
10.8% YoYTotal sales growth
September 2026 year-on-year growth
57,166 unitsDomestic sales
September 2026 domestic sales
10.9% YoYDomestic sales growth
September 2026 year-on-year growth
20,750 unitsExports
September 2026 exports
10.4% YoYExport growth
September 2026 year-on-year growth
Watch next
Fact
September 2026 sales momentum during the festive season
Customer response to bookings for the Hyundai BAYON in India
Steel Strips Wheels Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
Why it matters
CapitSignal interpretation
The filing indicates record monthly sales supported by export demand, electric-vehicle-related growth in the 2&3 Wheeler category, and a domestic OEM order book. The company also said value growth outpaced volume growth, reflecting an improved higher-margin product mix.
What happened
Fact
Steel Strips Wheels Ltd reported its highest-ever monthly sales turnover by value and volume for September 2026. Net turnover reached Rs. 625.81 Cr versus Rs. 410.60 Cr in September 2025, while gross turnover was Rs. 728.78 Cr and total volume rose 27% YoY.
Rs. 625.81 CrSeptember 2026 net turnover
monthly net turnover
Rs. 410.60 CrSeptember 2025 net turnover
prior-year comparable monthly net turnover
Rs. 728.78 CrSeptember 2026 gross turnover
monthly gross turnover
27% YoYTotal volume growth
September 2026 volume growth
Watch next
Fact
Execution of the domestic OEM order book in the next quarter
Continuation of export demand for steel and aluminium wheels
Demand momentum in electric 2&3 Wheeler applications
Mahindra & Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
Why it matters
CapitSignal interpretation
The release indicates sustained year-on-year growth in Mahindra’s key utility-vehicle business, with YTD utility-vehicle sales up 20%. Export volumes declined 7% in September, partially offsetting the stronger domestic performance.
What happened
Fact
Mahindra & Mahindra reported total vehicle sales of 114874 in September 2026, up 15% year on year including exports. Domestic utility-vehicle sales increased 14% to 64092, while the company said it had crossed 1 lakh billing of its Electric Origin SUVs since launch.
114874Total vehicle sales
September 2026 sales including exports; 15% YoY growth
64092Domestic utility-vehicle sales
September 2026 sales; 14% YoY growth
358142YTD utility-vehicle sales
September 2026 YTD sales; 20% YoY growth
30420Domestic commercial-vehicle sales
September 2026 sales; 14% growth
16343Three-wheeler sales
September 2026 domestic sales including electric three-wheelers; 26% growth
4019Total exports
September 2026 exports; 7% decline YoY
1 lakhElectric Origin SUV billing
Cumulative billing milestone since launch
Watch next
Fact
Whether domestic utility-vehicle growth continues in subsequent monthly sales releases.
Whether export volumes recover after the September decline.
Further billing and sales momentum for the Electric Origin SUVs.
SML Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
Why it matters
CapitSignal interpretation
The filing indicates broad-based sales growth, with September cargo vehicle sales rising 39% and passenger vehicle sales rising 5%. Cumulative sales growth is stronger in passenger vehicles at 19% than in cargo vehicles at 5%.
What happened
Fact
SML Mahindra sold 1,124 vehicles in September 2026, up 18% from 950 vehicles in September 2025. Sales for April–September 2026-27 reached 9,340 vehicles, up 15% from 8,145 vehicles in the corresponding 2025-26 period.
Acme Solar Holdings Limited has informed the Exchange about Commissioning of Battery Energy Storage Systems (BESS) Project
Why it matters
CapitSignal interpretation
The commissioning marks an operational milestone for ACME Solar’s FDRE storage project. However, the corresponding renewable energy generation component is still under development, so the full project is not yet operational.
What happened
Fact
ACME Solar Holdings, through its wholly owned subsidiary ACME Sigma Urja, commissioned Phase-I of the battery energy storage system component of its FDRE Project in Rajasthan on September 30, 2026. The commissioned capacity is 53.73 MW/222.969 MWh out of the project’s 250 MW/1069 MWh discharge capacity; the corresponding renewable energy generation component remains under development, with commercial operation scheduled for October 2, 2026.
53.73 MW/222.969 MWhCommissioned BESS capacity
Phase-I battery energy storage system capacity commissioned
250 MW/1069 MWhTotal project discharge capacity
FDRE Project discharge capacity
October 2, 2026Commercial operation date
Scheduled COD for the commissioned BESS component
September 30, 2026Commissioning date
Date Phase-I BESS was commissioned
Watch next
Fact
Commercial operation on October 2, 2026
Progress on the remaining BESS capacity
Development and commissioning of the corresponding renewable energy generation component
Acme Solar Holdings Limited has informed the Exchange about Update on commissioning of Battery Energy Storage System (BESS) Project
Why it matters
CapitSignal interpretation
The commissioning advances deployment of a large BESS project and increases the subsidiary’s operational capacity to 159.58 MW/638.32 MWh. Investors may track whether the stated October 2, 2026 COD is achieved and whether further project capacity is commissioned.
What happened
Fact
ACME Solar Holdings, through its wholly owned subsidiary ACME Greentech Seventh Private Limited, commissioned Phase III of the BESS component of its 300 MW/1200 MWh FDRE project in Bikaner, Rajasthan, on September 30, 2026. The phase has a stated commercial operation date of October 2, 2026, taking commissioned BESS capacity to 159.58 MW/638.32 MWh; the project’s PPA is with SJVN Limited.
53.63 MW/214.52 MWhPhase III commissioned capacity
BESS discharge capacity commissioned on September 30, 2026
